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Trump, Putin speak for second consecutive day

Trump, Putin speak for second consecutive day
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President TrumpDonald John TrumpBiden to nominate Linda Thomas-Greenfield for UN ambassador: reports Scranton dedicates 'Joe Biden Way' to honor president-elect Kasich: Republicans 'either in complete lockstep' or 'afraid' of Trump MORE on Friday spoke with Russian President Vladimir PutinVladimir Vladimirovich PutinPutin not ready to recognize Biden win Putin: Russia ready to give Sputnik V coronavirus vaccine to other countries Trump to participate in virtual G-20 summit amid coronavirus surge MORE for the second time in as many days, discussing oil production and the coronavirus pandemic.

The White House said in a 43-word readout of the conversation that Trump and Putin talked about combating the virus, maintaining stability in energy markets and other "bilateral and global issues."

The two leaders spoke by phone on Thursday as well as part of a conversation with King Salman of Saudi Arabia. A trade war between Moscow and Riyadh has led to an oversupply in the oil market as the coronavirus brings the global economy to a standstill, crushing demand for petroleum.

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The two sides reportedly agreed to cut oil production to stabilize the crashing markets. 

Trump told reporters on Thursday night that Russia and Saudi Arabia were "getting close to a deal."

"I think it was a very good call. We're going to see what happens, but it was a very good call," he said. "They'll probably announce something either today or tomorrow, one way or the other. Could be good. Could be not so good."

Oil was trading at roughly $23 a barrel as of Friday morning, down from a February high of $53 per barrel. 

Trump and Putin have been in regular contact as the coronavirus pandemic has killed thousands of people worldwide and crippled markets worldwide. The two men also spoke on March 30.

Trump has had a complicated relationship with Russia. He has imposed sanctions on Moscow but has also drawn criticism for repeatedly praising Putin, pressing for a better relationship with Russia and casting doubt on the U.S. intelligence community's finding that the country interfered in the 2016 presidential election.

Former special counsel Robert MuellerRobert (Bob) MuellerCNN's Toobin warns McCabe is in 'perilous condition' with emboldened Trump CNN anchor rips Trump over Stone while evoking Clinton-Lynch tarmac meeting The Hill's 12:30 Report: New Hampshire fallout MORE said in a report released last year that he could not establish a conspiracy between the Trump campaign and Russia in 2016.